🔗 Share this article The French PM Sébastien Lecornu Resigns Following Under a 30-Day Period in the Role France's Prime Minister Lecornu has stepped down, shortly after his cabinet was unveiled. The presidential office confirmed the news after the Prime Minister met Macron for an hour on Monday morning. This unexpected development comes only 26 days after Lecornu was given the PM role following the collapse of the prior administration of François Bayrou. Various groups in the legislature had fiercely criticised the makeup of Lecornu's cabinet, which was very close to Bayrou's, and vowed to reject it. Pressure for Early Elections and Political Instability Multiple political groups are now calling for a snap election, with some urging the President to step down as well - although he has repeatedly stated he will not leave before his term ends in 2027. "Macron needs to decide: parliament's dissolution or leaving office," said Chenu, one of leading figures of the far right National Rally (RN). The outgoing PM - the ex-defense chief and a ally of the President - was France's fifth prime minister in a two-year span. Context of Government Crisis The nation's governance has been very volatile since July 2024, when snap parliamentary elections resulted in a no clear majority. This has made it difficult for any prime minister to garner the necessary support to approve legislation. The previous administration was defeated in autumn after parliament declined to support his austerity budget, which aimed to cut state costs by $51 billion. Economic Challenges and Stock Response France's deficit stood at 5.8% of GDP in the current year and its public debt is 114% of GDP. That is the number three debt level in the eurozone after Italy and Greece, and equal to almost 50k euros for each resident. Markets declined in the Paris bourse after the resignation report broke on the start of the week.